5134 stories by Todd Shriber
MGM Director Meister Slightly Trims Stake in Casino Stock
MGM board member sold 242,000 shares of gaming stock this week His hedge fund Corvex Management still owns nearly 5.39 million MGM shares Keith Meister, the hedge fund manager who’s a member of the board of directors at MGM Resorts International (NYSE:...
Kalshi Yanks Charlie Kirk Bets, Polymarket Debuts US Civil War Market
Prediction markets respond to death of conservative activist Kalshi pulls markets related to Kirk’s political future Polymarket launches trading on possibility of another civil war Kalshi responded to the death of conservative activist and commentator Charlie Kirk by pulling betting markets related...
California Class Action Suit Against FanDuel Dropped…For Now
Plaintiff voluntarily temporarily withdraws suit filed in July Could be a sign a settlement is in the works The plaintiff in a California class action suit against FanDuel has voluntarily withdrawn his complaint, indicating that at least for now, the gaming company...
Prediction Markets Could Be Next Big Crypto Use Case, Says Coinbase
Some prediction markets are already heavily rooted in crypto The trend is catching the attention of venture capitalists Coinbase says prediction markets are among “the most visible crypto use-cases” Coinbase Global (NASDAQ: COIN) sees prediction markets such as Kalshi and Polymarket expanding...
MGM CEO Hornbuckle Surprised Company Hasn’t Won UAE Casino License
MGM is building a $2.5 billion nongaming resort in Dubai Wynn Resorts holds UAE’s only casino permit MGM Resorts International (NYSE: MGM) CEO Bill Hornbuckle is astounded regulators in the United Arab Emirates (UAE) have yet to approve a second casino license....
Caesars Digital Worth More Than Entire Company, Says Analyst
Even at low multiples, Caesars Digital is worth significantly more than the entire company, says analyst iGaming segment is gaining market share Fate of operator’s digital arm has been widely speculated Caesars Entertainment (NASDAQ: CZR) sports a market capitalization of $5.28 billion,...
Elaine Wynn Art Collection Hits Auction Block, Could Command $89 Million
Elaine Wynn co-founded Wynn Resorts with her ex-husband, Steve Christie’s is handling the auction of her art collection She passed away in April at 82 years old A portion of Elaine Wynn’s famed art collection will hit the auction block at Christie’s...
Genius Sports CEO Locke Sees ‘Massive’ In-Game Betting Opportunity
Genius CEO says in-game data is more valuable Company’s BetVision product could spark domestic in-game betting growth Genius Sports (NYSE: GENI) co-founder and CEO Mark Locke said the shift in the US towards more in-game betting could be a significant growth outlet...
SharpLink Deploying Buyback Program, Says Stock Is Undervalued
Betting affiliate turned Ethereum treasury announced share buyback last month Company believes its shares are undervalued SharpLink Gaming (NASDAQ: SBET), the gaming affiliate company that’s now one of the largest corporate owners of Ethereum, said it’s utilizing its recently announced share repurchase...
Wynn Could Evaluate UAE IPO, Second Casino There
Wynn and its UAE partners could mull second casino hotel Agreement also opens door to possible UAE IPO Wynn Resorts (NASDAQ: WYNN) has avenues through which it could bring a second casino resort to the United Arab Emirates (UAE) in the future...
